CIS: Electric Lamp Market 2024

Electric Lamp Market Size in CIS

In 2022, the CIS electric lamp market decreased by X% to $X, falling for the ninth consecutive year after two years of growth. In general, consumption showed a abrupt slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Electric Lamp Production in CIS

In value terms, electric lamp production contracted to $X in 2022 estimated in export price. Overall, production saw a abrupt setback. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Electric Lamp Exports

Exports in CIS

In 2022, approx. X units of electric lamps were exported in the CIS; falling by X% compared with the year before. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric lamp exports totaled $X in 2022. In general, exports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Russia (X units) was the major exporter of electric lamps, comprising X% of total exports. Belarus (X units) ranks second in terms of the total exports with a X% share, followed by Kyrgyzstan (X%).

Russia was also the fastest-growing in terms of the electric lamps exports, with a CAGR of X% from 2012 to 2022. Belarus (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Kyrgyzstan and Belarus saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest electric lamp supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Belarus (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, increasing by X% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the export price figures.

Electric Lamp Imports

Imports in CIS

In 2022, electric lamp imports in the CIS fell to X units, which is down by X% on 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, electric lamp imports declined to $X in 2022. In general, imports, however, showed a modest expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

Russia prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. The following importers - Uzbekistan (X units), Belarus (X units), Azerbaijan (X units) and Kyrgyzstan (X units) - together made up X% of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Azerbaijan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electric lamps in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :